Welcome to Reliable Realty SLR; a legal, incorporated, and registered agency offering one-stop-services in Real Estate, Consulting, Project Management, Project Development, Property Managment, Vacation Rentals & Booking Services, VIP Owner and Guest Services. Our primary clients are North American, however, our office collectively speaks Spanish, English, Italian, French, Russian, Dutch & German.
FULL SERVICES SINCE 2008!
Its important to compare Real Estate Agencies here. Especially now, with several new emerging agencies taking a stabs at our vibrant real estate market. Some agencies are not even operating here on the East Coast of the DR. Often, with little or no real knowledge or history of this rapidly changing market and its constantly changing trends. Many are young agents who sold timeshare (vacation club) properties previously. Many have no " REAL ", real estate experience, do not understand (nor care to understand) real estate law here. Some agencies trying to capture the most attention have too many big billboards (unfortunately blocking our beautiful palm trees). Many have "fancy looking" websites, however, these sites have no substance. Many of these "fly-by-night" Agencies primarily represent New Construction (which we all do), or they post borrowed listings from other agencies, when in reality, they have very few listings of their own. Many are independent Freelance "Agents" who sell real estate as a hobby while employed elsewhere. Making it difficult to fully represent, support, or find time to be properly trained about real estate here.
KNOW YOUR AGENCY FIRST!
BE SURE THE AGENCY YOU SELECT...
- Speaks your language
- Understands your culture
- Hires Professionals and trains them well
- Understands Real Estate Law and real estate taxes here in the DR,
- Understands how legalities and processes of Real Estate work in the U.S. or Canada, for a good comparison
- Stay with their clients throughout the entire sales process and well beyond
- Offers all the services related to Real Estate.
- i.e. Exceptional legal services, Full Property Management, Project Management and Project Development Services, with life-time consulting to their loyal clients
- Has proven longitivty here - knows the areas that best meet their clients goals, while constantly tracking the REAL market conditions and trends
- For SELLERS, can provide the best and most showing /selling opportunities, with a high volume of secured sales, and thousands of website inquiries annually
- Have a high percentage of their own direct listings; not borrowed. collaborated - or "hand-shake listings"
- For new construction offerings; they personally know the Developers & Constructors (Builders) well and have verified which are legitimate with legal and approved permits and proven track records.
- Trying to buy directly through a Developer, or buying through an inexperienced Agency or Independent with no office, can actually cost new buyers MORE!
- Consistently maintain positive reviews with a continual strong reputation in the market
- " Cash is King " here. It is difficult for Foreigners who do not live or work here, to qualify for a loan. Bank mortgage interest rates can be very high (7-10% APR). Better to secure assets in your own country via a home equity loan.
- Banks in the U.S. will not finance a property here, due to Jurisdiction reasons should the buyer(s) default(s).
- HOWEVER, as of April 2022, if you have 40% of the property asking price, you have excellent credit, have other assets, and can prove these requirements; there is one bank well known by N. America, who specialize in working with American and Canadians, If curious, please inquire and we can refer you direct to the Branch Manger. Current promotional APR is 3.75% for 20 - 25 years (unheard of here). Don't speak Spanish? No worries, we can initate the process on your behalf to see if you qualify.
- DIRECT OWNER FINANCING could be another option. (Example 50% down, at 5%, for 5 years)
- In todays healthy real estate market, Builders (Developers) will only finance during the term of the estimate construction completion. This term depends on the size of the community and onsite amenities. (i.e. For 40 units or less, approximately 18 months. For 150 - 250 units, up to 3 years.
- By Spring of 2022... 2 bedroom condos (apartments), located in our safe beach-towns, a short walk to the beach, shopping and dining amenities, and priced under $100,000 U.S. are non-existant. Perhaps a tiny handful of small 1 bedrooms exist around $100,000, If they did exist, we would buy them (lol)
- If under $$100,000 the property may really be located a DRIVE to the beach, shopping and dining. Some agencies hide this truth or honestly don't know where the property is.
- OR perhaps the property is a bit older, or was neglected, and may need some work. That's OK, we can help with renovations and Repairs.
- We do not represent properties with title problems. BUYER BEWARE!
- Most all of our Listings are Exclusive (with the exception of new construction).
- Be sure your " Agency Selection Process" is also a top consideration ... NOT JUST THE PRICE
- Our Agency can mediate a successful purchase, while always representing YOUR BEST INTEREST
- WE TAKE PRIDE IN OUR HARD WORKING AND ETHICAL TEAM, Including the legal Attorneys we trust, who since 2008, have helped our Agency achieve; 100% closing success with title, with no lawsuits or grievances.
FOR OUR AGENCY
- A "PENDING SALE" MEANS: Fully signed Purchase Offer, and earnest deposit received. WHEREAS;
- "SOLD" MEANS All sales contracts signed and the property is paid for (or under an agreed owner or builder finance contract).
- We are always busy, so we must expend our energy and resources to our most serious buyers; even if you are not quite ready yet. That's OK.
(If you see this same, or similar information on another website,
chances are they "copy-pasted" from us again. lol
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The Dominican Republic ended all COVID-19 public health restrictions on February 15, 2022, including a mask mandates and vaccine checks in public spaces.
The Dominican Republic started relaxing COVID-19 containment measures July 2022, when authorities ended a nighttime curfew that had been in effect since March 2020.
Prior to this latest announcement, the government had required face coverings in public places, hand sanitizers upon entry and temperature checks. In some businesses, like pharmacies, larger grocery stores, some restaurants, etc., and public transportation, proof of vaccination was also required. This has now ended.
The Health Minister, Daniel Rivera, told reporters on February 17, 2022, that ending the containment measures was due to "constant reductions" in both COVID-19 and COVID variant infections and death rates.
(Source - Reuters, Feb. 17, 2022)
ARE YOU READY TO PURCHASE YOUR LANDING PAD YET?
Our Team has been here since 2008 and our collective Purpose is to prepare a place for YOU!
Come explore the beautiful and affordable properties for sale in Punta Cana, and our Beach-towns in Bavaro
Or break-away and rent one of our clean and well maintained condos available for short-term vacations;
MOST ALL THE CONDOS WE SELL, WE MANAGE, AND WE RENT TO VACATIONERS ARE LOCATED WITHIN OUR FUN, SAFE AND FRIENDLY CARIBBEAN BEACH-TOWNS
Hurry Future Owners! Migration is crazy here in Punta Cana (Bavaro). We are running very low on Inventory! Avoid a Bidding War or paying more as property values continue to soar!
Never been here before? See what TripAdvisor (Actual Travelers) think about the Dominican Republic
TRIPADVISOR TRAVELERS CHOICE AWARD 2020- DOMINICAN REPUBLIC #1 BEST CARIBBEAN DESTINATION!
TRIPADVISOR TRAVELERS CHOICE AWARD 2020 - DOMINICAN REPUBLIC #13 BEST IN THE WORLD!